EPS: As of FY2025 Q2, the actual value is USD 0.98.

EBIT: As of FY2025 Q2, the actual value is USD 65.12 K.

Financial Metrics by Segment

Segment Revenue

• Commercial Loan Growth: $262 million, or 10.7% for the quarter; $431 million, or 8.9% year-to-date.
• Consumer Loan Growth: $36 million, or 4.4% for the quarter; $22 million, or 1.4% year-to-date.
• Commercial Deposits: Increased by $347 million during the quarter; $119 million year-to-date.
• Consumer Deposits: Declined by $108 million during the quarter; $116 million year-to-date.

Operational Metrics

• Net Income: $56.8 million for the quarter, an increase of $1.4 million from the previous quarter.
• Efficiency Ratio: 53.99% for the quarter.
• Net Interest Margin: 3.25% for the quarter, increased by three basis points from the previous quarter.
• Noninterest Income: Increased by $1.3 million due to higher customer-related fees.

Cash Flow

• Net Interest Income: $133.0 million for the quarter, an increase of $2.7 million from the previous quarter.

Unique Metrics

• Tangible Book Value per Share: $27.90, an increase of $0.56 from the prior quarter.

Outlook / Guidance

• First Merchants Corp anticipates continued strong commercial growth and aims to strengthen existing relationships while creating new household relationships. The company plans to support underserved borrowers and neighborhoods through personalized, efficient, and scalable models. Additionally, First Merchants Corp is committed to maintaining top-quartile financial results supported by industry-leading governance, risk, and compliance practices to ensure long-term sustainability.